Governments like to paint an overly rosy picture whenever possible. And when it comes to reporting the “official” unemployment rate (known as U-3 unemployment), that’s exactly what they do. Luckily, we’re here to set things straight.

I’m sure you’ve heard the market adage, “As the S&P 500 goes in January, so goes the year.” Well, this year we witnessed the strongest January rally since 1997. So I took some time to see if the myth held any merit…

Many investors believe that corporate insiders possess superhuman investing skills. And since 2009, every time insider selling ramps up, the mainstream financial headlines predictably urge caution. Based on the data I uncovered, however, insiders could be the most unreliable stock market indicator of all time.

Think taxes don’t influence behavior? Think again! When the 2% Social Security payroll tax holiday ended in January, it had a profound impact on both consumers and companies alike. As a result, I urged readers to practice caution when investing in any sectors that could be jeopardized by unexpected and significant tax increases.

For almost half a century, Wall Street has been telling us a whopper. Specifically, that a so-called “balanced” portfolio – 60% in stocks and 40% in bonds – is an ideal way to stay invested in the stock market while reducing risk. And like lambs to the slaughter, countless Americans have allocated their assets accordingly. If you read this article back in January, you know that’s a huge mistake.

Well, that concludes our rundown of the most talked-about Wall Street Daily articles of the year.

If you can think of any other myths we busted that should have made it into our top five today, let us know by commenting below.

Donald Trump ran a campaign on hyperbole and vagueness. Now as he prepares to take office, we take a closer look at his contradictory statements on science to make sense of the future of our favored industries.

It’s easy to dismiss celebrities and politicians as having hidden agendas. On the other hand, scientists that uncover cold, hard facts, deserve our respect for their endeavors. But respect is not worship.